Stevanato Group's Q3 Adjusted Earnings Fall, Revenue Rises; 2024 EPS Guidance Lowered

MT Newswires Live

Nov 05, 2024

Stevanato Group (STVN) reported Q3 adjusted earnings Tuesday of 0.12 euros ($0.13) per diluted share, down from 0.15 euros a year earlier.

Analysts polled by Capital IQ expected 0.13 euros.

Revenue for the quarter ended Sept. 30 was 277.9 million euros, up from 271.4 million euros a year earlier.

Analysts surveyed by Capital IQ expected 274.4 million euros.

The company said it now expects 2024 adjusted earnings of 0.47 to 0.49 euros per diluted share, compared with its previous guidance for 0.48 to 0.50 euros. Analysts polled by Capital IQ expect 0.49 euros.

The company continues to expect revenue for the year in the range of 1.09 billion euros to 1.11 billion euros. Analysts surveyed by Capital IQ expect 1.09 billion euros.

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Analysts polled by Capital IQ expect 0.49 euros.</p><p>The company continues to expect revenue for the year in the range of 1.09 billion euros to 1.11 billion euros. Analysts surveyed by Capital IQ expect 1.09 billion euros.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"STVN","symbol_name":"Stevanato Group S.p.A.","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2481150889","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481150889","pubTimestamp":1730808870,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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